Apax Funds successfully complete the offer for Norva24

7th May 2025

Apax Funds, acting through Nordahl BidCo AB, today announce the successful completion of the offer for Norva24 Group AB ("Norva24" or the "Company") - thereby becoming the owner of approximately 98 per cent of the outstanding shares and votes in Norva24.

Anders Meyerhoff, Partner, Apax, comments:

“We are pleased to announce that the Offer has been supported by shareholders representing over 98 per cent of the outstanding shares in Norva24, which means the Apax Funds are able to complete the Offer. The Apax Funds’ deep experience with density-driven businesses, coupled with Norva24’s solid position in an attractive market, will form a strong platform to accelerate the Company’s long-term vision to create a European leader in the UIM sector. We are now looking forward to supporting the executive management team and local business leaders to take Norva24 into its next phase of growth, both organically and via M&A.”

For additional information, including today’s announcement, please visit www.nordahl-bidco.com.